ASX 0.49% $79.85 asx limited

aussie dollar surging

  1. 2,019 Posts.
    Just under 95c to the US dollar

    This isnt good for australian producers producing products priced in US dollars. Some forecasters in the US are calling for parity in the short term and potentially an Oz $$ to be $1.50 to the US dollar with in a few years.

    The US dollar is in a serious downward trend
 
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